Investment on the property in Spain

Hello friends,
Here i want to share some thing on the investment in Spain property.
If you think to investment on property in Europe then Spain is the good option for you. This place has average temperature and it is the land of beaches and mountains. Spain also boasts with healthy cuisines, better transportation and a good communication network. It is the place of new life in Sun. Spain told a endless story with its creativity in arts and architecture. Spain is an attraction with its old world charm and rustic character. So buy a property in Spain a most desire place for the thousands of people.

Say what!!! Spain is a good place for property investment!!!!!!! All my reading says the exact opposite. Haven't Brits have made substantial losses with PI in spain? Isn't one of the reasons Spain is part of the PIIGS is the collapse of the property market in Spain? Haven't there been scandals over illegal housing developments? IS it not true that Spanish banks have huge losses on their Balance sheets due to Property loans going bad?

The mission of any business enterprise should include the aim to develop economic conditions rather than simply react to them.

It is a good place to invest on the ground of its popularity with tourists. Spain is a top-notch destination for the British. A one-bedroom flat in Barcelona might be a source of 5-7% yields (short-term rentals,a management company helps to avoid problems with finding new tenants).

Banks and real estate servicers have predicted a steady rise in house prices, despite market liquidity being a big problem for many different parts of Spain.A big real estate servicer called Solvia (the property division of Sabadell bank) have forecasted that the average Spanish house prices will be going up by 7.3% between now and 2020, which is fantastic property news for property investors and homeowners who may own a property in Spain as their second home or a holiday home that they are able to rent out.